A Guide to Leasing Industrial Space

A Guide to Leasing Industrial Space

  • 17th February 2016

leasing industrial space

When it comes to leasing industrial space, it is typically used for storage and distribution, product production and service, as well as research and development. If you are looking for this type of commercial property to let in Derby, there is a lot that needs to be considered. Not only do you need to ensure the property is right for your business, but the lease needs to be suitable as well. With that being said, read on to discover more.

What do you want from your industrial space?

From warehouses to manufacturing facilities, it is likely that you know what you need in terms of property type. You should then make a list of all of the things you require from your commercial property. This includes the size you need, as well as any other necessities, such as sufficient parking, high ceiling clearance, flooring and roofs that can support heavy industrial equipment, and energy-efficient lighting.

Get a lease that suits you

When you find a property that caters to your need, you then need to evaluate the lease terms to make sure they are right for you. It is always advisable to choose a company that provides flexible lease terms so you know you are not going to be tied into a long contract unnecessarily. In addition to this, you need to be fully aware of your rental obligations. Terms and conditions differ from landlord to landlord, which is why you need to read over every word of them carefully. There are some landlords that do make their tenants take charge of the maintenance and upkeep of their commercial space, which can be a lot of hassle.

Can you afford it?

Of course, the cost is a crucial factor, and it is imperative to ask about any hidden expenses. You will have to pay upkeep charges and maintenance fees and it is important to know how they are going to be divided. The best scenario would be to find a company that charges a set fee per month so you can budget effectively.

Does it suit others?

Finally, you should research the company in question to make sure they have a good reputation in the industry and that both past and previous tenants are happy with the commercial property they let. If you come across negative comment after negative comment, you know to look elsewhere.

Now you know the various factors to consider when looking for commercial property in Derby, and RTC Business Park has what you need. From Atkins to the University of Birmingham, we house a broad selection of clients and we have a wide range of industrial spaces available to let and we provide flexible lease terms amongst many other perks. Why not give us a call to discover more?